Financial Risk Specialists Salary
Financial Risk Specialists in Mississippi make a median of $96,100 a year, or about $46.2 an hour. The range runs from $52K at the entry level to $199K for experienced workers. Cost of living is below average (RPP 88.9), which stretches that salary to about $108,099 in buying power. Rent on a 2-bedroom averages $1,077/month, or 17.7% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Mississippi. Jump to a metro for precise data:
So what does $96K get you in Mississippi?
About financial risk specialists
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Mississippi
Pay for financial risk specialists in Mississippi runs about 18% below the U.S. median of $117K. Housing is manageable: a 2-bedroom at the HUD median costs $1,077/month, 18.1% of take-home, well inside the 30% guideline. Regional Price Parity sits at 88.9 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Mississippi can be a reasonable trade-off for financial risk specialistss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Mississippi
Entry-level financial risk specialists (10th percentile) start around $52K. Mid-career wages sit at $96K. Top earners bring in $199K or more, a $147K spread from bottom to top.
Financial Risk Specialists salary by metro in Mississippi
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Jackson | $93K | -3% | 90 |
Compare to other states
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Mississippi numbers change.
Related careers in Business & Finance
Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Mississippi?
Yes — at the median salary of $96K, rent takes 18.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,077/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Mississippi?
The 10th-percentile wage — what new financial risk specialists typically earn — is $52K/year. Take-home on that works out to about $3,107/month. At HUD’s $1,077/month FMR, rent would take 35% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is financial risk specialist a high-paying job in Mississippi?
Local pay runs 18% below the national median — $96K here vs. $117K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Mississippi compare to the national average for financial risk specialists?
Mississippi pays $96K median vs. the U.S. average of $117K — that’s -18%. After adjusting for local cost of living (RPP 88.9), the purchasing-power equivalent is $108K — below the national median.
How much do financial risk specialists make in Mississippi?
The median is $96,100 a year, that works out to about $46 an hour. But the range is wide: entry-level workers start around $51,780, and experienced financial risk specialists can clear $198,880. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $96K enough to live in Mississippi?
On that salary, you'd take home roughly $5,956/month after taxes. A 2-bedroom here rents for about $1,077/month, which eats 18.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial risk specialists salary go in Mississippi?
Mississippi has a Regional Price Parity of 88.9 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial risk specialists salary is worth about $108,099 in national-average purchasing power.
Where do financial risk specialists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.